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Shenzhen Sunline Tech Co Ltd
Buy, Hold or Sell?

Let's analyse Sunline together

PenkeI guess you are interested in Shenzhen Sunline Tech Co Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Shenzhen Sunline Tech Co Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Sunline (30 sec.)










What can you expect buying and holding a share of Sunline? (30 sec.)

How much money do you get?

How much money do you get?
¥0.00
When do you have the money?
1 year
How often do you get paid?
97.5%

What is your share worth?

Current worth
¥2.07
Expected worth in 1 year
¥2.13
How sure are you?
82.5%

+ What do you gain per year?

Total Gains per Share
¥0.08
Return On Investment
1.0%

For what price can you sell your share?

Current Price per Share
¥8.09
Expected price per share
¥5.95 - ¥8.8649
How sure are you?
50%

1. Valuation of Sunline (5 min.)




Live pricePrice per Share (EOD)

¥8.09

Intrinsic Value Per Share

¥-3.06 - ¥-3.65

Total Value Per Share

¥-0.99 - ¥-1.58

2. Growth of Sunline (5 min.)




Is Sunline growing?

Current yearPrevious yearGrowGrow %
How rich?$209.6m$205.8m$1.9m0.9%

How much money is Sunline making?

Current yearPrevious yearGrowGrow %
Making money$624.6k$3.9m-$3.2m-527.6%
Net Profit Margin0.5%3.5%--

How much money comes from the company's main activities?

3. Financial Health of Sunline (5 min.)




What can you expect buying and holding a share of Sunline? (5 min.)

Welcome investor! Sunline's management wants to use your money to grow the business. In return you get a share of Sunline.

What can you expect buying and holding a share of Sunline?

First you should know what it really means to hold a share of Sunline. And how you can make/lose money.

Speculation

The Price per Share of Sunline is ¥8.09. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Sunline.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Sunline, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ¥2.07. Based on the TTM, the Book Value Change Per Share is ¥0.01 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.03 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ¥0.01 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Sunline.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share
Usd Eps0.000.0%0.000.0%0.010.1%0.010.1%0.000.1%
Usd Book Value Change Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.010.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.000.0%0.000.0%0.010.1%0.010.1%0.010.1%
Usd Price Per Share1.37-1.51-1.74-2.37-11.74-
Price to Earnings Ratio156.27--151.25--720.58-63.94-40,141.21-
Price-to-Total Gains Ratio395.18--578.61--759.29--121.10-956.69-
Price to Book Ratio4.78-5.33-6.19-9.49-113.89-
Price-to-Total Gains Ratio395.18--578.61--759.29--121.10-956.69-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.119656
Number of shares893
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.01
Gains per Quarter (893 shares)2.425.92
Gains per Year (893 shares)9.6923.69
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1370101414
261410202838
392020294262
4122730395686
51534404970110
61741505983134
72048606897158
823547078111182
926618088125206
1029689098139230

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share2.02.00.050.0%7.05.00.058.3%15.05.00.075.0%32.05.03.080.0%37.05.03.082.2%
Book Value Change Per Share3.01.00.075.0%7.05.00.058.3%13.07.00.065.0%26.014.00.065.0%30.015.00.066.7%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%39.00.01.097.5%41.00.04.091.1%
Total Gains per Share3.01.00.075.0%9.03.00.075.0%15.05.00.075.0%33.07.00.082.5%38.07.00.084.4%

Fundamentals of Sunline

About Shenzhen Sunline Tech Co Ltd

Shenzhen Sunline Tech Co., Ltd. provides banking software and technology services to banking and finance customers worldwide. The company offers core products, including core, bank loan, smart deposit, and cash management business systems; and digital products, such as digital core systems, digital financial business platforms, business middle office centers, open platforms, digital loan business systems, and unified payment platforms. It also provides big data products comprising data warehouse, external data management platforms, financial data marts, risk data marts, label management platforms, smart marketing centers, data service platforms, indicator management platforms, and decision engines; and IT consulting and planning, test, training, IT operation and maintenance, and hardware installation services. Shenzhen Sunline Tech Co., Ltd. was founded in 2002 and is headquartered in Shenzhen, China.

Fundamental data was last updated by Penke on 2024-03-26 00:04:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is not making a profit/loss.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Shenzhen Sunline Tech Co Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Sunline earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare Sunline to the Software - Application industry mean.
  • A Net Profit Margin of 2.7% means that ¥0.03 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Shenzhen Sunline Tech Co Ltd:

  • The MRQ is 2.7%. The company is making a profit. +1
  • The TTM is 0.5%. The company is not making a profit/loss.
Trends
Current periodCompared to+/- 
MRQ2.7%TTM0.5%+2.3%
TTM0.5%YOY3.5%-3.0%
TTM0.5%5Y5.3%-4.9%
5Y5.3%10Y7.7%-2.3%
1.1.2. Return on Assets

Shows how efficient Sunline is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Sunline to the Software - Application industry mean.
  • 0.5% Return on Assets means that Sunline generated ¥0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Shenzhen Sunline Tech Co Ltd:

  • The MRQ is 0.5%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.2%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.5%TTM0.2%+0.3%
TTM0.2%YOY1.2%-1.0%
TTM0.2%5Y1.3%-1.1%
5Y1.3%10Y1.4%-0.1%
1.1.3. Return on Equity

Shows how efficient Sunline is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Sunline to the Software - Application industry mean.
  • 0.8% Return on Equity means Sunline generated ¥0.01 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Shenzhen Sunline Tech Co Ltd:

  • The MRQ is 0.8%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.3%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.8%TTM0.3%+0.5%
TTM0.3%YOY1.9%-1.6%
TTM0.3%5Y2.0%-1.7%
5Y2.0%10Y2.0%0.0%

1.2. Operating Efficiency of Shenzhen Sunline Tech Co Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Sunline is operating .

  • Measures how much profit Sunline makes for each ¥1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Sunline to the Software - Application industry mean.
  • An Operating Margin of 0.0% means the company generated ¥0.00  for each ¥1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Shenzhen Sunline Tech Co Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM1.4%-1.4%
TTM1.4%YOY5.3%-3.9%
TTM1.4%5Y7.1%-5.7%
5Y7.1%10Y3.6%+3.5%
1.2.2. Operating Ratio

Measures how efficient Sunline is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Software - Application industry mean).
  • An Operation Ratio of 1.66 means that the operating costs are ¥1.66 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of Shenzhen Sunline Tech Co Ltd:

  • The MRQ is 1.658. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.626. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.658TTM1.626+0.033
TTM1.626YOY1.571+0.055
TTM1.6265Y1.479+0.146
5Y1.47910Y1.033+0.446

1.3. Liquidity of Shenzhen Sunline Tech Co Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Sunline is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Software - Application industry mean).
  • A Current Ratio of 2.24 means the company has ¥2.24 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of Shenzhen Sunline Tech Co Ltd:

  • The MRQ is 2.240. The company is able to pay all its short-term debts. +1
  • The TTM is 2.286. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.240TTM2.286-0.045
TTM2.286YOY2.023+0.263
TTM2.2865Y2.373-0.087
5Y2.37310Y1.414+0.959
1.3.2. Quick Ratio

Measures if Sunline is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Sunline to the Software - Application industry mean.
  • A Quick Ratio of 1.17 means the company can pay off ¥1.17 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Shenzhen Sunline Tech Co Ltd:

  • The MRQ is 1.173. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.215. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.173TTM1.215-0.042
TTM1.215YOY0.882+0.333
TTM1.2155Y1.157+0.058
5Y1.15710Y2.457-1.299

1.4. Solvency of Shenzhen Sunline Tech Co Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Sunline assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Sunline to Software - Application industry mean.
  • A Debt to Asset Ratio of 0.39 means that Sunline assets are financed with 39.4% credit (debt) and the remaining percentage (100% - 39.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Shenzhen Sunline Tech Co Ltd:

  • The MRQ is 0.394. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.387. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.394TTM0.387+0.008
TTM0.387YOY0.395-0.009
TTM0.3875Y0.380+0.007
5Y0.38010Y0.306+0.074
1.4.2. Debt to Equity Ratio

Measures if Sunline is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Sunline to the Software - Application industry mean.
  • A Debt to Equity ratio of 65.1% means that company has ¥0.65 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Shenzhen Sunline Tech Co Ltd:

  • The MRQ is 0.651. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.631. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.651TTM0.631+0.020
TTM0.631YOY0.662-0.031
TTM0.6315Y0.624+0.007
5Y0.62410Y0.474+0.150

2. Market Valuation of Shenzhen Sunline Tech Co Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ¥1 in earnings Sunline generates.

  • Above 15 is considered overpriced but always compare Sunline to the Software - Application industry mean.
  • A PE ratio of 156.27 means the investor is paying ¥156.27 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Shenzhen Sunline Tech Co Ltd:

  • The EOD is 127.825. Based on the earnings, the company is expensive. -2
  • The MRQ is 156.265. Based on the earnings, the company is expensive. -2
  • The TTM is -151.247. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD127.825MRQ156.265-28.441
MRQ156.265TTM-151.247+307.513
TTM-151.247YOY-720.580+569.333
TTM-151.2475Y63.939-215.187
5Y63.93910Y40,141.207-40,077.268
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Shenzhen Sunline Tech Co Ltd:

  • The EOD is -28.112. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -34.367. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -15.924. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-28.112MRQ-34.367+6.255
MRQ-34.367TTM-15.924-18.442
TTM-15.924YOY34.865-50.790
TTM-15.9245Y-28.499+12.575
5Y-28.49910Y-2,005.046+1,976.546
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Sunline is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Software - Application industry mean).
  • A PB ratio of 4.78 means the investor is paying ¥4.78 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of Shenzhen Sunline Tech Co Ltd:

  • The EOD is 3.908. Based on the equity, the company is fair priced.
  • The MRQ is 4.777. Based on the equity, the company is fair priced.
  • The TTM is 5.328. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD3.908MRQ4.777-0.869
MRQ4.777TTM5.328-0.550
TTM5.328YOY6.195-0.867
TTM5.3285Y9.488-4.160
5Y9.48810Y113.893-104.405
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Shenzhen Sunline Tech Co Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0160.014+15%0.028-43%0.028-44%0.038-58%
Book Value Per Share--2.0702.051+1%2.032+2%1.879+10%1.444+43%
Current Ratio--2.2402.286-2%2.023+11%2.373-6%1.414+58%
Debt To Asset Ratio--0.3940.387+2%0.3950%0.380+4%0.306+29%
Debt To Equity Ratio--0.6510.631+3%0.662-2%0.624+4%0.474+37%
Dividend Per Share--0.0090.006+57%0.015-37%0.020-53%0.016-44%
Eps--0.0160.006+157%0.039-59%0.038-58%0.029-46%
Free Cash Flow Per Share---0.0720.012-712%-0.039-45%-0.012-84%-0.028-61%
Free Cash Flow To Equity Per Share---0.072-0.047-34%-0.006-92%-0.011-84%0.004-2005%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.925+8%
Intrinsic Value_10Y_max---3.648--------
Intrinsic Value_10Y_min---3.055--------
Intrinsic Value_1Y_max---0.118--------
Intrinsic Value_1Y_min---0.116--------
Intrinsic Value_3Y_max---0.543--------
Intrinsic Value_3Y_min---0.514--------
Intrinsic Value_5Y_max---1.195--------
Intrinsic Value_5Y_min---1.093--------
Market Cap5920844480.000-22%7238214080.0007992042240.000-9%9219757520.000-21%12652239865.650-43%62152523339.845-88%
Net Profit Margin--0.0270.005+497%0.035-22%0.053-49%0.077-65%
Operating Margin---0.014-100%0.053-100%0.071-100%0.036-100%
Operating Ratio--1.6581.626+2%1.571+6%1.479+12%1.033+61%
Pb Ratio3.908-22%4.7775.328-10%6.195-23%9.488-50%113.893-96%
Pe Ratio127.825-22%156.265-151.247+197%-720.580+561%63.939+144%40141.207-100%
Price Per Share8.090-22%9.89010.920-9%12.598-21%17.138-42%84.834-88%
Price To Free Cash Flow Ratio-28.112+18%-34.367-15.924-54%34.865-199%-28.499-17%-2005.046+5734%
Price To Total Gains Ratio323.259-22%395.183-578.613+246%-759.291+292%-121.101+131%956.694-59%
Quick Ratio--1.1731.215-3%0.882+33%1.157+1%2.457-52%
Return On Assets--0.0050.002+161%0.012-61%0.013-64%0.014-67%
Return On Equity--0.0080.003+156%0.019-60%0.020-62%0.020-62%
Total Gains Per Share--0.0250.020+28%0.043-41%0.048-48%0.054-54%
Usd Book Value--209690138.397207744817.969+1%205831547.652+2%191058900.991+10%146661746.778+43%
Usd Book Value Change Per Share--0.0020.002+15%0.004-43%0.004-44%0.005-58%
Usd Book Value Per Share--0.2870.284+1%0.281+2%0.260+10%0.200+43%
Usd Dividend Per Share--0.0010.001+57%0.002-37%0.003-53%0.002-44%
Usd Eps--0.0020.001+157%0.005-59%0.005-58%0.004-46%
Usd Free Cash Flow---7287357.7771190784.610-712%-3994602.849-45%-1230020.144-83%-1737235.364-76%
Usd Free Cash Flow Per Share---0.0100.002-712%-0.005-45%-0.002-84%-0.004-61%
Usd Free Cash Flow To Equity Per Share---0.010-0.007-34%-0.001-92%-0.002-84%0.001-2005%
Usd Market Cap819444876.032-22%1001768828.6721106098646.016-9%1276014440.768-21%1751069997.406-43%8601909230.235-88%
Usd Price Per Share1.120-22%1.3691.511-9%1.743-21%2.372-42%11.741-88%
Usd Profit--1602671.186624614.848+157%3920298.495-59%3813992.764-58%2974313.568-46%
Usd Revenue--59264198.14169494716.360-15%63998748.061-7%55127107.649+8%37617470.924+58%
Usd Total Gains Per Share--0.0030.003+28%0.006-41%0.007-48%0.007-54%
 EOD+3 -5MRQTTM+19 -16YOY+11 -245Y+9 -2610Y+9 -27

3.2. Fundamental Score

Let's check the fundamental score of Shenzhen Sunline Tech Co Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15127.825
Price to Book Ratio (EOD)Between0-13.908
Net Profit Margin (MRQ)Greater than00.027
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.173
Current Ratio (MRQ)Greater than12.240
Debt to Asset Ratio (MRQ)Less than10.394
Debt to Equity Ratio (MRQ)Less than10.651
Return on Equity (MRQ)Greater than0.150.008
Return on Assets (MRQ)Greater than0.050.005
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Shenzhen Sunline Tech Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.497
Ma 20Greater thanMa 508.426
Ma 50Greater thanMa 1008.283
Ma 100Greater thanMa 2009.338
OpenGreater thanClose7.610
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in CNY. All numbers in thousands.

Summary
Total Assets2,501,838
Total Liabilities986,736
Total Stockholder Equity1,515,102
 As reported
Total Liabilities 986,736
Total Stockholder Equity+ 1,515,102
Total Assets = 2,501,838

Assets

Total Assets2,501,838
Total Current Assets1,967,208
Long-term Assets534,630
Total Current Assets
Cash And Cash Equivalents 257,075
Net Receivables 1,030,401
Inventory 550,955
Other Current Assets 12,253
Total Current Assets  (as reported)1,967,208
Total Current Assets  (calculated)1,850,684
+/- 116,524
Long-term Assets
Property Plant Equipment 197,891
Goodwill 76,162
Intangible Assets 159,643
Long-term Assets Other 20,143
Long-term Assets  (as reported)534,630
Long-term Assets  (calculated)453,838
+/- 80,792

Liabilities & Shareholders' Equity

Total Current Liabilities878,120
Long-term Liabilities108,616
Total Stockholder Equity1,515,102
Total Current Liabilities
Short Long Term Debt 420,000
Accounts payable 10,436
Total Current Liabilities  (as reported)878,120
Total Current Liabilities  (calculated)430,436
+/- 447,684
Long-term Liabilities
Long term Debt 18,688
Long-term Liabilities Other 89,513
Long-term Liabilities  (as reported)108,616
Long-term Liabilities  (calculated)108,200
+/- 416
Total Stockholder Equity
Retained Earnings 294,371
Total Stockholder Equity (as reported)1,515,102
Total Stockholder Equity (calculated)294,371
+/- 1,220,731
Other
Capital Stock730,775
Common Stock Shares Outstanding 730,775
Net Debt 181,612
Net Invested Capital 1,953,790
Net Working Capital 1,089,088
Property Plant and Equipment Gross 197,891



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302011-12-312010-12-312009-12-31
> Total Assets 
110,058
137,490
177,907
172,849
408,474
435,141
428,898
416,640
417,229
442,041
434,280
434,126
526,175
642,591
659,802
593,714
712,737
1,006,272
1,022,077
1,063,573
1,119,215
1,156,090
1,323,314
1,260,289
1,363,073
1,467,400
1,458,882
1,661,034
1,664,004
1,823,053
1,811,157
2,295,257
2,521,913
2,194,793
1,949,634
1,907,847
1,946,073
2,042,805
2,042,668
2,157,073
2,353,159
2,364,514
2,362,519
2,529,247
2,600,371
2,481,813
2,323,560
2,487,070
2,501,838
2,501,8382,487,0702,323,5602,481,8132,600,3712,529,2472,362,5192,364,5142,353,1592,157,0732,042,6682,042,8051,946,0731,907,8471,949,6342,194,7932,521,9132,295,2571,811,1571,823,0531,664,0041,661,0341,458,8821,467,4001,363,0731,260,2891,323,3141,156,0901,119,2151,063,5731,022,0771,006,272712,737593,714659,802642,591526,175434,126434,280442,041417,229416,640428,898435,141408,474172,849177,907137,490110,058
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,127,392
1,138,305
1,251,181
1,238,877
1,706,670
1,917,642
1,575,709
903,767
1,228,960
1,281,042
1,416,907
1,428,984
1,550,672
1,741,023
1,749,672
1,748,921
1,879,548
1,973,001
1,932,183
1,788,746
1,950,143
1,967,208
1,967,2081,950,1431,788,7461,932,1831,973,0011,879,5481,748,9211,749,6721,741,0231,550,6721,428,9841,416,9071,281,0421,228,960903,7671,575,7091,917,6421,706,6701,238,8771,251,1811,138,3051,127,392000000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
395,792
384,443
549,928
396,107
772,157
903,395
629,292
318,955
322,426
306,065
487,461
361,308
309,094
362,803
575,590
338,242
310,499
371,872
571,307
282,872
295,557
257,075
257,075295,557282,872571,307371,872310,499338,242575,590362,803309,094361,308487,461306,065322,426318,955629,292903,395772,157396,107549,928384,443395,792000000000000000000000000000
       Net Receivables 
23,874
13,430
23,317
55,567
76,707
49,555
78,420
95,280
89,312
75,272
95,324
117,683
123,489
111,456
159,073
183,958
206,290
233,023
305,124
339,479
401,488
418,628
506,847
567,398
602,557
544,122
639,324
711,031
683,392
699,468
772,801
902,452
925,414
915,074
573,515
403,314
412,603
576,331
567,453
654,351
692,494
650,264
768,927
902,246
909,311
933,095
976,607
1,115,318
1,030,401
1,030,4011,115,318976,607933,095909,311902,246768,927650,264692,494654,351567,453576,331412,603403,314573,515915,074925,414902,452772,801699,468683,392711,031639,324544,122602,557567,398506,847418,628401,488339,479305,124233,023206,290183,958159,073111,456123,489117,68395,32475,27289,31295,28078,42049,55576,70755,56723,31713,43023,874
       Other Current Assets 
119
9,598
3,673
7,281
6,185
2,588
4,246
7,459
12,223
5,498
9,098
7,405
5,261
1,333
8,902
4,505
18,256
2,178
14,411
5,372
33,479
2,468
20,298
3,959
47,718
3,986
31,848
19,827
69,733
1,594
36,485
9,069
53,690
28,973
8,716
8,765
7,855
9,712
11,181
8,256
12,689
13,111
25,473
15,979
14,277
13,054
18,558
12,260
12,253
12,25312,26018,55813,05414,27715,97925,47313,11112,6898,25611,1819,7127,8558,7658,71628,97353,6909,06936,4851,59469,73319,82731,8483,98647,7183,95920,2982,46833,4795,37214,4112,17818,2564,5058,9021,3335,2617,4059,0985,49812,2237,4594,2462,5886,1857,2813,6739,598119
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
572,280
588,587
604,271
619,084
1,045,867
678,887
665,031
625,898
613,684
606,401
612,136
614,843
613,598
649,699
627,370
549,630
534,814
536,927
534,630
534,630536,927534,814549,630627,370649,699613,598614,843612,136606,401613,684625,898665,031678,8871,045,867619,084604,271588,587572,280000000000000000000000000000000
       Property Plant Equipment 
5,886
5,383
5,398
5,310
5,711
5,529
5,318
5,188
5,085
4,970
4,894
4,767
4,806
5,740
6,032
6,357
6,703
64,047
63,362
70,874
210,848
227,360
224,677
221,494
218,861
279,337
275,549
272,894
269,217
269,826
265,213
261,978
258,109
254,212
249,615
245,807
241,972
238,089
239,286
234,564
231,569
227,223
223,692
219,360
214,845
210,248
206,127
201,750
197,891
197,891201,750206,127210,248214,845219,360223,692227,223231,569234,564239,286238,089241,972245,807249,615254,212258,109261,978265,213269,826269,217272,894275,549279,337218,861221,494224,677227,360210,84870,87463,36264,0476,7036,3576,0325,7404,8064,7674,8944,9705,0855,1885,3185,5295,7115,3105,3985,3835,886
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
77,259
113,455
165,607
165,629
144,414
144,414
142,143
159,133
137,541
135,333
137,337
132,631
130,437
129,268
138,949
140,408
129,846
130,529
131,042
128,684
119,008
119,253
118,363
118,431
108,548
108,100
111,104
114,448
74,510
73,293
76,461
76,162
76,16276,46173,29374,510114,448111,104108,100108,548118,431118,363119,253119,008128,684131,042130,529129,846140,408138,949129,268130,437132,631137,337135,333137,541159,133142,143144,414144,414165,629165,607113,45577,25900000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
16,333
45,504
45,672
44,003
46,033
46,023
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000046,02346,03344,00345,67245,50416,333000000000000000000000000000
       Intangible Assets 
0
0
0
100
2,635
1,142
2,243
1,019
3,988
895
866
803
739
8,013
7,549
15,400
14,498
91,051
126,335
195,093
193,302
178,648
176,934
172,084
187,035
195,484
203,990
74,209
54,064
49,200
102,190
102,427
121,021
144,308
159,424
159,051
155,339
158,520
144,993
143,406
147,198
153,921
160,072
178,677
172,312
161,601
154,559
159,153
159,643
159,643159,153154,559161,601172,312178,677160,072153,921147,198143,406144,993158,520155,339159,051159,424144,308121,021102,427102,19049,20054,06474,209203,990195,484187,035172,084176,934178,648193,302195,093126,33591,05114,49815,4007,5498,0137398038668953,9881,0192,2431,1422,635100000
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
572,280
41,875
42,275
619,084
416,364
5,853
241,972
9,426
9,426
21,756
25,931
23,106
21,733
37,101
23,035
19,190
18,356
17,925
20,143
20,14317,92518,35619,19023,03537,10121,73323,10625,93121,7569,4269,426241,9725,853416,364619,08442,27541,875572,280000000000000000000000000000000
> Total Liabilities 
47,206
27,485
31,182
6,107
8,934
20,405
6,734
6,757
3,865
21,068
13,062
18,028
18,030
159,593
170,347
109,336
228,796
303,326
307,690
357,975
361,474
334,491
326,144
270,060
367,092
380,447
372,388
568,509
544,712
582,647
565,701
953,689
1,160,802
696,460
874,908
754,109
760,067
659,310
646,205
775,136
959,808
866,366
871,958
1,043,953
1,125,486
985,438
834,377
983,545
986,736
986,736983,545834,377985,4381,125,4861,043,953871,958866,366959,808775,136646,205659,310760,067754,109874,908696,4601,160,802953,689565,701582,647544,712568,509372,388380,447367,092270,060326,144334,491361,474357,975307,690303,326228,796109,336170,347159,59318,03018,02813,06221,0683,8656,7576,73420,4058,9346,10731,18227,48547,206
   > Total Current Liabilities 
47,095
27,485
31,182
6,107
8,684
19,430
6,084
6,432
3,865
21,068
11,729
15,626
15,799
83,557
95,158
18,479
59,594
117,169
110,111
170,739
179,228
177,016
172,557
116,340
217,445
291,079
286,058
249,710
247,995
303,243
293,699
763,084
980,156
513,808
693,883
639,077
653,367
542,005
531,817
707,736
899,373
811,047
830,846
990,384
1,021,368
866,916
735,054
870,442
878,120
878,120870,442735,054866,9161,021,368990,384830,846811,047899,373707,736531,817542,005653,367639,077693,883513,808980,156763,084293,699303,243247,995249,710286,058291,079217,445116,340172,557177,016179,228170,739110,111117,16959,59418,47995,15883,55715,79915,62611,72921,0683,8656,4326,08419,4308,6846,10731,18227,48547,095
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
28,000
34,275
11,213
150,000
350,000
848,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000848,000350,000150,00011,21334,27528,000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
28,000
34,275
11,213
150,000
350,000
848,000
280,000
180,000
250,000
250,000
100,000
100,000
300,000
450,000
249,800
300,000
550,000
550,000
379,600
280,000
400,000
420,000
420,000400,000280,000379,600550,000550,000300,000249,800450,000300,000100,000100,000250,000250,000180,000280,000848,000350,000150,00011,21334,27528,000000000000000000000000000000
       Accounts payable 
3,633
3,149
2,901
250
2,240
8,230
0
0
462
1,300
0
10,130
7,800
141
2,618
4,306
24,209
6,113
5,274
1,293
519
1,244
416
6,998
4,963
16,636
6,364
2,769
2,073
9,829
5,780
320,527
19,786
27,754
22,429
12,863
14,295
18,697
31,167
25,308
13,169
24,685
14,224
14,257
14,743
14,018
15,135
18,738
10,436
10,43618,73815,13514,01814,74314,25714,22424,68513,16925,30831,16718,69714,29512,86322,42927,75419,786320,5275,7809,8292,0732,7696,36416,6364,9636,9984161,2445191,2935,2746,11324,2094,3062,6181417,80010,13001,300462008,2302,2402502,9013,1493,633
       Other Current Liabilities 
23,462
24,336
28,281
5,857
6,444
11,200
6,084
6,432
3,403
19,768
11,729
5,497
7,999
83,415
92,539
14,173
35,385
110,706
94,027
102,507
117,689
134,322
172,142
109,343
112,482
132,830
139,281
38,735
60,434
47,051
11,213
11,213
11,213
91,457
424,331
355,592
379,355
287,299
283,169
268,843
333,202
323,731
339,978
276,735
344,105
270,134
0
285,524
0
0285,5240270,134344,105276,735339,978323,731333,202268,843283,169287,299379,355355,592424,33191,45711,21311,21311,21347,05160,43438,735139,281132,830112,482109,343172,142134,322117,689102,50794,027110,70635,38514,17392,53983,4157,9995,49711,72919,7683,4036,4326,08411,2006,4445,85728,28124,33623,462
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
272,002
190,605
180,647
182,652
181,025
115,032
106,700
117,305
114,387
67,400
60,435
55,319
41,112
53,569
104,118
118,522
99,323
113,103
108,616
108,616113,10399,323118,522104,11853,56941,11255,31960,43567,400114,387117,305106,700115,032181,025182,652180,647190,605272,002000000000000000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-28,000
-34,275
-11,213
-150,000
-350,000
-848,000
0
0
0
0
0
6,204
5,334
5,695
1,237
1,483
909
334
117
0
0
0
0001173349091,4831,2375,6955,3346,20400000-848,000-350,000-150,000-11,213-34,275-28,000000000000000000000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
271,762
190,425
135,677
137,336
135,770
73,548
65,235
78,998
69,896
27,536
20,230
23,282
8,925
25,704
76,825
95,505
76,443
93,980
89,513
89,51393,98076,44395,50576,82525,7048,92523,28220,23027,53669,89678,99865,23573,548135,770137,336135,677190,425271,762000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,465
6,131
51,675
43,619
20,486
42,293
66,237
87,607
47,657
46,404
21,649
35,911
7,711
22,239
40,062
39,404
12,049
19,547
28,716
8,506
26,281
0
026,2818,50628,71619,54712,04939,40440,06222,2397,71135,91121,64946,40447,65787,60766,23742,29320,48643,61951,6756,1318,465000000000000000000000000000
> Total Stockholder Equity
62,852
110,005
146,725
166,743
399,540
414,736
422,164
409,883
413,364
420,973
421,218
416,099
508,145
482,998
489,455
484,377
483,941
703,159
712,467
700,643
752,819
813,099
988,650
981,547
987,440
1,079,310
1,078,982
1,081,682
1,110,809
1,230,672
1,235,669
1,330,208
1,352,042
1,487,330
1,064,754
1,143,881
1,176,639
1,372,347
1,385,112
1,370,411
1,381,371
1,486,104
1,475,579
1,471,151
1,475,336
1,496,579
1,489,183
1,503,525
1,515,102
1,515,1021,503,5251,489,1831,496,5791,475,3361,471,1511,475,5791,486,1041,381,3711,370,4111,385,1121,372,3471,176,6391,143,8811,064,7541,487,3301,352,0421,330,2081,235,6691,230,6721,110,8091,081,6821,078,9821,079,310987,440981,547988,650813,099752,819700,643712,467703,159483,941484,377489,455482,998508,145416,099421,218420,973413,364409,883422,164414,736399,540166,743146,725110,00562,852
   Common Stock
7,600
38,700
38,700
38,700
51,700
51,700
51,700
51,700
51,700
51,700
51,700
51,700
56,311
56,311
56,311
141,445
141,445
146,120
146,120
292,240
292,240
292,188
299,375
299,375
299,375
299,301
299,301
321,518
321,518
321,518
321,493
482,239
481,810
481,810
481,810
722,715
721,479
721,479
721,479
721,479
721,001
721,001
721,001
721,001
721,001
731,472
0
730,775
0
0730,7750731,472721,001721,001721,001721,001721,001721,479721,479721,479721,479722,715481,810481,810481,810482,239321,493321,518321,518321,518299,301299,301299,375299,375299,375292,188292,240292,240146,120146,120141,445141,44556,31156,31156,31151,70051,70051,70051,70051,70051,70051,70051,70038,70038,70038,7007,600
   Retained Earnings 
47,307
18,904
51,952
71,970
77,657
90,565
97,993
84,646
88,127
94,627
107,110
101,991
122,159
139,192
145,650
133,941
133,505
167,701
177,314
162,132
214,260
257,264
258,126
252,197
259,977
321,001
324,495
310,751
333,324
359,497
336,914
306,422
322,451
466,100
37,789
52,644
87,954
284,158
296,105
242,172
252,523
359,806
349,939
341,352
340,592
357,004
351,261
342,679
294,371
294,371342,679351,261357,004340,592341,352349,939359,806252,523242,172296,105284,15887,95452,64437,789466,100322,451306,422336,914359,497333,324310,751324,495321,001259,977252,197258,126257,264214,260162,132177,314167,701133,505133,941145,650139,192122,159101,991107,11094,62788,12784,64697,99390,56577,65771,97051,95218,90447,307
   Capital Surplus 0000000000000000000000000000000000000000000000000
   Treasury Stock00000000000000000000-232,452-236,871-18,479-18,479-38,234-38,234-38,234-38,234-61,462-61,462-61,462-61,462-86,620-86,620-71,878-71,8780000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-953
1,183
1,003
-663
4,036
8,302
-3,572
2,165
-2,399
-4,951
-2,962
-2,144
-3,116
-2,507
-6,753
-7,412
-1,424
5,655
-5,590
-7,330
-1,345
0
0-1,345-7,330-5,5905,655-1,424-7,412-6,753-2,507-3,116-2,144-2,962-4,951-2,3992,165-3,5728,3024,036-6631,0031,183-953000000000000000000000000000



Balance Sheet

Currency in CNY. All numbers in thousands.




Cash Flow

Currency in CNY. All numbers in thousands.




Income Statement

Currency in CNY. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue2,008,518
Cost of Revenue-1,343,801
Gross Profit664,717664,717
 
Operating Income (+$)
Gross Profit664,717
Operating Expense-1,900,627
Operating Income107,891-1,235,910
 
Operating Expense (+$)
Research Development138,541
Selling General Administrative229,899
Selling And Marketing Expenses-
Operating Expense1,900,627368,439
 
Net Interest Income (+$)
Interest Income6,110
Interest Expense-12,709
Other Finance Cost-947
Net Interest Income-5,652
 
Pretax Income (+$)
Operating Income107,891
Net Interest Income-5,652
Other Non-Operating Income Expenses-
Income Before Tax (EBT)31,927107,891
EBIT - interestExpense = -12,709
18,052
30,761
Interest Expense12,709
Earnings Before Interest and Taxes (EBIT)-44,636
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax31,927
Tax Provision-13,706
Net Income From Continuing Ops18,22118,221
Net Income18,052
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-5,652
 

Technical Analysis of Sunline
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Sunline. The general trend of Sunline is BEARISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Sunline's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-85.7%) Bearish trend (85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Shenzhen Sunline Tech Co Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 7.7 < 7.94 < 8.8649.

The bearish price targets are: 5.95.

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Shenzhen Sunline Tech Co Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Shenzhen Sunline Tech Co Ltd. The current mas is .

The long score for the Moving Averages is 1/14.
The longshort score for the Moving Averages is -12/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Shenzhen Sunline Tech Co Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Shenzhen Sunline Tech Co Ltd. The current macd is -0.02935734.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Sunline price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Sunline. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Sunline price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Shenzhen Sunline Tech Co Ltd Daily Moving Average Convergence/Divergence (MACD) ChartShenzhen Sunline Tech Co Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Shenzhen Sunline Tech Co Ltd. The current adx is 16.30.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Sunline shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Shenzhen Sunline Tech Co Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Shenzhen Sunline Tech Co Ltd. The current sar is 8.898512.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Shenzhen Sunline Tech Co Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Shenzhen Sunline Tech Co Ltd. The current rsi is 45.50. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Shenzhen Sunline Tech Co Ltd Daily Relative Strength Index (RSI) ChartShenzhen Sunline Tech Co Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Shenzhen Sunline Tech Co Ltd. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Sunline price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Shenzhen Sunline Tech Co Ltd Daily Stochastic Oscillator ChartShenzhen Sunline Tech Co Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Shenzhen Sunline Tech Co Ltd. The current cci is -133.31397037.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Shenzhen Sunline Tech Co Ltd Daily Commodity Channel Index (CCI) ChartShenzhen Sunline Tech Co Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Shenzhen Sunline Tech Co Ltd. The current cmo is -13.16396424.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Shenzhen Sunline Tech Co Ltd Daily Chande Momentum Oscillator (CMO) ChartShenzhen Sunline Tech Co Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Shenzhen Sunline Tech Co Ltd. The current willr is -62.85714286.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Sunline is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Shenzhen Sunline Tech Co Ltd Daily Williams %R ChartShenzhen Sunline Tech Co Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Shenzhen Sunline Tech Co Ltd.

Shenzhen Sunline Tech Co Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Shenzhen Sunline Tech Co Ltd. The current atr is 0.39295837.

Shenzhen Sunline Tech Co Ltd Daily Average True Range (ATR) ChartShenzhen Sunline Tech Co Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Shenzhen Sunline Tech Co Ltd. The current obv is 557,628,519.

Shenzhen Sunline Tech Co Ltd Daily On-Balance Volume (OBV) ChartShenzhen Sunline Tech Co Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Shenzhen Sunline Tech Co Ltd. The current mfi is 61.22.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Shenzhen Sunline Tech Co Ltd Daily Money Flow Index (MFI) ChartShenzhen Sunline Tech Co Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Shenzhen Sunline Tech Co Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-06WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-14BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-22ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-01-25MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-31BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-07MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-22CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-23WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-12CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Shenzhen Sunline Tech Co Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Shenzhen Sunline Tech Co Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.497
Ma 20Greater thanMa 508.426
Ma 50Greater thanMa 1008.283
Ma 100Greater thanMa 2009.338
OpenGreater thanClose7.610
Total1/5 (20.0%)
Penke

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